Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support analytics strategy, collaborate on pricing models, and engage in catastrophe modeling.
- Company: Join Lockton, a leading global insurance broker known for its innovative approach.
- Benefits: Enjoy flexible working options, professional development opportunities, and a vibrant company culture.
- Why this job: Gain exposure to diverse projects while making a real impact in the insurance industry.
- Qualifications: Part-qualified Actuary with experience in General Insurance and proficiency in RMS, R, and Excel.
- Other info: This role is based in London and requires an EU work permit.
The predicted salary is between 43200 - 72000 £ per year.
Location: London, United Kingdom
Job Category: Other
EU work permit required: Yes
Job Reference: b90e86305e85
Job Views: 5
Posted: 02.06.2025
Expiry Date: 17.07.2025
As a Senior Actuarial Analyst, you will work within the Risk Practices division to support Lockton’s analytics strategy. You will collaborate across divisions, gaining exposure to various technical product lines and projects. Recent assignments include:
- Collaborating with broking teams on client pricing, utilizing and adapting pricing models
- Developing solutions for client inquiries and RFPs using actuarial and data science techniques
- Creating apps for client risk management, such as benchmarking, risk calculations, and deal structure comparisons
- Engaging in catastrophe and natural catastrophe modeling
Role Responsibilities:
- Partnering with Property broking teams to understand client needs and provide technical pricing input, challenging insurer assumptions when necessary
- Reviewing and updating Property products and models
- Developing new pricing models and refining existing ones
- Performing catastrophe modeling with RMS and/or AIR
- Supporting analytical model development, including Aggregate Loss Projections
- Preparing reports on data and model outputs for decision-making
- Providing actuarial support for business development and RFPs
- Assisting in the development of new products, initiatives, and sales materials
Candidate Profile:
- Part-qualified Actuary with experience in General Insurance or Lloyd’s Market Insurance
- Experience in Property or related lines of business
- Proficiency with RMS and/or AIR modeling
- Strong skills in R, R Shiny, and Excel
Contact Detail:
Lockton Companies Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Analyst - Property
✨Tip Number 1
Familiarise yourself with the latest trends in property insurance and actuarial practices. This will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the actuarial field, especially those working in property insurance. Attend industry events or join relevant online forums to build connections that could lead to job referrals.
✨Tip Number 3
Brush up on your technical skills, particularly in R, R Shiny, and Excel. Consider taking online courses or working on personal projects that showcase your proficiency in these areas, as they are crucial for the role.
✨Tip Number 4
Prepare to discuss specific examples of how you've used actuarial techniques to solve problems or improve processes in previous roles. This will demonstrate your practical experience and ability to contribute to our analytics strategy.
We think you need these skills to ace Senior Actuarial Analyst - Property
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Senior Actuarial Analyst. Familiarise yourself with the key tasks mentioned in the job description, such as catastrophe modeling and developing pricing models.
Tailor Your CV: Customise your CV to highlight relevant experience in General Insurance or Lloyd’s Market Insurance. Emphasise your proficiency with RMS and/or AIR modeling, as well as your skills in R, R Shiny, and Excel.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for actuarial science and your understanding of the property insurance market. Mention specific projects or experiences that align with the role's requirements.
Highlight Collaboration Skills: Since the role involves working with various teams, emphasise your ability to collaborate effectively. Provide examples of past experiences where you successfully partnered with others to achieve common goals.
How to prepare for a job interview at Lockton Companies
✨Understand the Role
Make sure you have a solid grasp of what a Senior Actuarial Analyst does, especially in the context of property insurance. Familiarise yourself with the key responsibilities mentioned in the job description, such as catastrophe modeling and pricing model development.
✨Showcase Your Technical Skills
Be prepared to discuss your proficiency in tools like RMS, AIR, R, and Excel. Consider bringing examples of how you've used these tools in past roles, particularly in relation to pricing models or data analysis.
✨Prepare for Scenario Questions
Expect questions that assess your problem-solving abilities. Think about scenarios where you had to challenge assumptions or develop new pricing models. Be ready to explain your thought process and the outcomes of your decisions.
✨Demonstrate Collaboration Skills
Since the role involves working with various teams, be ready to share examples of how you've successfully collaborated in the past. Highlight any experiences where you partnered with broking teams or contributed to cross-divisional projects.
